Variable universal life insurance

Type of whole life insurance that combines the premium and death benefit flexibility of universal life insurance with the flexible investment and risk of variable life insurance. Such policies are considered securities contracts and must be registered with the Securities and Exchange Commission (SEC). Agents who have passed the National Association of Securities Dealers (NASD) may sell this type of insurance.

VEBA

Acronym for Voluntary Employees Beneficiary Association. See Section 501(c)(9) Voluntary Employees Beneficiary Association (VEBA) .

Vendor

Individual or entity that sells and provides hardware, software, and/or ongoing support services for providers to file claims electronically to private insurance carriers, Medicare fiscal intermediaries, and Medicaid fiscal agents.
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One who sells any kind of property. See Also: “Seller.”
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A general term used to refer to the seller of a property.
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A person who purchases property.
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A general term used to refer to the buyer of a property.